Trade Liberalisation and its Impact on Regional Development: Theoretical and Experimental Studies
The existing theoretical and empirical literature focusing on interconnections between international trade, trade liberalisation, and economic development provides ample evidence pertaining to nations and industries. However, another dimension of trade liberalisation — the assessment of the level of national or regional development — needs further research. This article sets out ...
Does corruption influence the sustainability of economic growth?
Sustainable development is a term that is widely used by politicians nowadays. The definition of the concept of sustainable development is constantly revised. Sustainable development is about promoting an integrated approach. It includes economic, social and environmental objectives. Economic objectives include growth, efficiency and stability. The main purpose of the article is to analyze the influences of corruption on sustainable economic growth. The impact is decreasing continuously ...
Agents approach to the state economic policies in the condition of fundamental uncertainty
The article analyses approaches to understanding the term "economic policies". The author proceeds from the fact that the state acts as a specific economic agent and, being the economic agent, on the one hand has the right to establish formal institutions of the national economics, and on the other hand,...
Economic Development of the Baltic and Nordic Countries: Characteristics of Еconomic Models
Economic development models are crucial for understanding historical progress of countries and in forecasting their future economic prospects. The Nordic countries are connected with the Baltics through culture, history, politics, and economy. These ...
On the economic security of Russia’s Kaliningrad exclave
An exclave position makes the economic security problems of the Kaliningrad region more complex as compared with other Russian territories. Deteriorating relations between Russia and the West compound the situation. This has been especially so since 2014 when economic sanctions were ...
Negative externalities and sustainability of energy sector
... industry and possibilities for the sustainable development. The concept of negative externalities of the electricity industry and evaluation and internalization of the negative externalities are reviewed from the viewpoint of principles of environmental economics and sustainable development.
Arrow K. J. (1970). The organization of economic activity: issues pertinent to the choice of market versus nonmarket allocation. / In: Public expenditures and policy analysis.
Structural Changes in the Economy of the Russian Northwest: Spatial Dimension
This paper identifies and explains the trends in the economic transformations in the Russian Northwest (NWFD). It studies the changes in the structure of the gross regional product (GRP) and economic specialization of the NWFD regions. The authors suggest approaches to managing structural changes in the ...
The development of small innovative enterprises through harmonising economic interests
The harmonisation of economic interests is one of the essential preconditions for the development of enterprises, including small ones. As practice shows, the harmonisation of major interests of small innovative business requires not only market instruments, but also state ...
The effect of Covid-19 on labour migration in the CIS
... S. V., Bragin, A. D., Ryazantsev, N.S. 2020, Situation of labor migrants in the regions of the world: challenges of the COVID-19 pandemia and the response of governments, Nauchnoe obozrenie. Seriya 1. Ekonomika i pravo [Scientific Review. Series 1. Economics and Law], no. 3, p. 7—21. doi:
2. Ryazantsev, S. V., Khorie, N. 2011, Modelirovanie potokov trudovoi migratsii iz stran Tsentral’noi Azii v Rossiyu: ekonomiko-sotsiologicheskoe issledovanie ...
Country Competitiveness: an Empirical Study
What makes countries competitive? What economic policies effectively influence country competitiveness? The aim of this research paper is to analyse country competitiveness empirically, in order to explore the factors that make countries competitive. This can allow governments to structure ...
Some Aspects of Economic Security of St. Petersburg and the Leningrad Region under Conditions of Geo-Economic Uncertaint
In this article, I consider individual aspects of the economic security of Saint Petersburg and the Leningrad Region amid the geo-economic uncertainty observed since 2014. The object of the study is the economic and technological sustainability of Saint Petersburg and the Leningrad Region given geo-economic ...
Evaluating and Measuring the Security of Russia’s Border Regions: Theory and Practice
The economic security of Russia’s regions has been the focus of numerous studies. Significant contributions have been made to relevant methodological approaches and measurement tools. However, economic security has been little studied in the context of ...
The Policy of Regional Convergence in Russia-Belarus integration: Prospects for Development
In a number of cases, integration of a large international region or an interstate union can only be promoted by political means. The policy of regional economic convergence prevails in many sectors. The single economic market and membership in economic and monetary unions give a new impetus to consolidation. The study aims to identify and explore the problems of political governance, which the Union ...
Theoretical Aspects of Cross-border Integration-based Economic Cooperation
... aspects of border economy in the conditions of modern processes of integration. The author describes the existing schools and concepts of integration stressing the role of government regulation relating to the deformations in the development of the world economic mechanism. Modern studies focus on the evolution of integration processes, which has largely affected the key elements of the world economic mechanism from classical political economy, monopoly regulation. This resulted in monopolistic competition,...
Objective and subjective reasons for crisis of Russian economy
The article presents basic reasons of world economic crisis and their negative influence on economic development of Russia including Kaliningrad region. One could find substantiation of forming new financialeconomic model as long-term development program for Russia.
1. Макиавелли Н....
Towards a Stable and Dynamic Economy in the Kaliningrad Region
The economy of the Kaliningrad exclave is not sufficiently stable and is heavily affected by external factors. This work aims to estimate the current economic situation in the region and explore possible ways to increase the stability of regional economy. The study employs economic statistical methods and identifies factors affecting regional development. The author analyses the dependence of the manufacturing ...
The External Economic Factor in the Development of Northwestern Regions: Institutional Support and an Impact Assessment
This research is warranted, since the Northwestern Federal District accounts for a significant proportion of Russia’s exports. The study aims to reveal the connection between the federal district’s external and internal economic development and to identify the extent to which institutional support for international economic cooperation facilitates brisk international trade. The authors consider international trade from the perspective of its procedural and institutional ...
Introducing Sectoral Models into Regional Management: An Assessment of Regulatory Impacts on the Economy
Regardless of the geography of regions, management at the regional level, both in Russia and the Baltic Sea countries, faces many challenges. Hence, it is necessary to search for new effective economic management tools, since traditional approaches and modeling practices at the regional level are not suitable for either analysing various types of impact on regional economy (production, market (product), sector, region), or assessment of their ...
Commodity flow model for an exclave region: Rent-seeking in the ‘transitional period’ of the special economic zone
This article focuses on a commodity flow model for an exclave region (CFMER). The CFMER development is aimed at identifying aggregate proportions of the exclave’s economy in the transitional period of the special economic zone (SEZ) functioning. The key method of analysis is the comparison of data on the generation of gross regional product and regional foreign economic activities (including export and import of goods and moving goods from/into the Kaliningrad ...
Economic security of a border region: quantitative and qualitative measurements (the case of the Rostov region)
The article evaluates the economic security of the Rostov region, a western border region of Russia under the conditions of geoeconomic turbulence. Using complementary methods of the economic-statistical analysis of dynamic series and expert interviewing, the author describes ...
The dynamics of agricultural land use in the North-West of Russia and the Baltic countries
... expansion and contraction, intensification and transition to extensive agricultural production are caused by combined influence of natural, socio-economic and political factors. The periods of decline in agricultural land use coincided with years of economic and political crises. The onset of periods of recovery matches a change in state policy, general economic growth and a rise in the technological level of agriculture, as well as changes in the domestic and foreign markets. Over the past decade,...
Current trends in the development of a green finance system: methodology and practice
... development of a green finance mechanism and a green bond market in the Baltic Sea countries is analysed to determine national features and explore the possibility of translating the Baltic experience into practices usable in Russia. The research uses economic observations, economic description, structural and logical analysis, and systems analysis. Perhaps the most significant finding is the description of a methodological framework for sustainable development theory, as seen by major schools of economic ...
Clusters in the institutional perspective: on the theory and methodology of local socioeconomic development
... systems with fuzzy boundaries that stimulate the development of these systems. The author analyses the influence of the inductive approach to the formation of cluster theory and juxtaposes different typologies of clusters and other types of localized economic systems. The article offers an overview of the existing methodological approaches to the problem of cluster identification and emphasises the major role of institutional dimension in the identification (and functioning) of clusters, especially ...
The asymmetry of small and medium business development at a regional level
... presents the results of its approbation in the Northwestern Federal District of Russia. The author makes a conclusion that small and medium business is developing unevenly. The author's method can be used in studying other aspects of the asymmetry of economic development as well as in drawing up small and medium enterprise stimulations programs.
1. Бухарова Е. Б. Оценка стратегического влияния асимметрии социально-экономического ...
Economic security of the Russian-Ukrainian border regions of the Russian Federation in modern conditions
The article is devoted to the urgent problem of economic security of the Russian border regions, directly adjacent to Ukraine: Kursk, Belgorod, Voronezh, Rostov and Krasnodar regions. The study is going to assess the level of economic security in these regions, as well as its dynamics after 2014,...
The concept of “network” in the system of basic concepts of regional economic geography
The concept of “network” is traditionally used in sociological and economic sciences and serves as an in important object of research on the organisational forms of different phenomena and processes. This article examines the use of the “network” concept in socioeconomic geography through identifying the place of ...
Transformation of global value chains in Russia and the Baltics amid Covid-19: prospects for regionalization and implications for economic policy
Although Russia and the Baltics have historically been economic partners, the economic relations between them are tense today. Nearly stagnating bilateral trade contributes little to the development of either side. The Baltics-Russian bilateral trade conducted within global value chains (GVC) and operations ...
The diagnostics of regional asymmetry of innovative development of small enterprises
The subject of this study is the influence of area factors on the innovation activities of small enterprises. The main theoretical aspects of regional asymmetry of economic development are analyzed. The article presents the author’s method of assessing regional asymmetry of small enterprise innovation development and the mechanism of its diagnostics tested in the case of the regions of the Northwestern Federal ...
The strongholds of Russian coastal borderlands: economic dynamics amid geopolitical turbulence
... sea since the late 1990s, is no exception. This article aims to identify and provide a conceptual framework for the phenomenon of Russia’s coastal borderlands and their constituent ‘strongholds’. It also explores the factors and features of the economic dynamics of the coastal borderlands amid the post-2014 geopolitical turbulence. Economic and statistical methods are used to highlight the irregularity of the economic and settlement patterns across Russia’s coastal borderlands, in their water ...
Processes of convergence and divergence in the regions of the European Union: features and qualimetry
A higher level of unity and cohesion across the European Union member states is an important aspect of European integration though it has a rather ambiguous nature. The Law on the Common Market, which aims to increase the economic efficiency of the EU, became a subject of extensive discussions among researchers suggesting that its viability at the political and socio-economic levels depends on a fair distribution of gains among the countries and regions of the Community....
Human Resource Efficiency as a Development Factor for the Kaliningrad Economy
Various studies of economic and geographical relations in Russian regions often overemphasise the role of economy. However, the quality and quantity of human resources is one of the key factors behind distribution and development of production. Human resources are of even ...
Economic Consciousness and the System of Values of Latvian University Graduates
The article analyses the attitude of a Latvian university’s graduates to wealth and means of its acquisition, as well as their assessment of their own economic status and preferred moves in case of unemployment. The author estimates the university graduates’ personal capabilities; their interests, skills and qualifications, the extent of their reliance on their own initiative and resources, and their ...
An economic complexity analysis of the Kaliningrad region: identifying sectoral priorities in the emerging value creation paradigm
The ongoing technological development leads to the emergence of a new value-creation paradigm that calls for changes and structural transformations in economic systems at different levels. Structural transformations are prompted by growing economic complexity. In this context, the selection of industrial strategies and the validation of key regional industrial policies is of paramount importance. Economic ...
Modern understanding of ‘geoeconomic position’ and the Saint Petersburg agglomeration
... At the same time, the specific features of the region’s geoeconomic position magnify the ‘inherited’ ad acquired effects of focal industrialization and space polarization, which creates additional prerequisites for the inversion of the Russian economic space — ‘Russia of the physical space’ and ‘the economic space of Russia’. The study uses traditional methodology of economic geography (the territorial, cluster, and spatial approaches) and the geoeconomic approach developed by the ...
East Baltics: Economic Dilemmas of Security
This article considers military security in the Eastern Baltic. The research focuses on the economic sustainability of Estonia, Latvia, and Lithuania in the context of military spending. The authors maintain that an increase in military spending can either strengthen or weaken national economic and technological potential. In Germany or Sweden,...
Competitive effects of low trade barriers: evaluations for the Kaliningrad region
... important factor affecting competition in domestic markets. Considering the vastness of Russian territory, one can expect the pro-competitive effect to vary from region to region. This analysis tests the hypothesis that the unique geographical position and economic status of the Kaliningrad region contribute to the rapid development of international trade, which, in turn, exerts competitive pressure on regional prices. The study incorporates two major lines of analysis: a) a comparison of the international ...
Key Directions of Sectoral and Spatial Changes in the Russian Industry
... poles’ and becoming elements of the emerging framework for national production. This methodology makes it possible to develop new approaches, methods, and principles for analyzing the transformation of the national spatial and industrial system during economic transition. Current factors, features, patterns and trends in the transformation of national industrial systems are identified; a mechanism for devising and implementing a more structured industrial policy in Russia is developed
The influence of the transport factor on the investment competitiveness of coastal regions in the European part of Russia.
... factors, the coastal regions of the European part of Russia, where large urbanized spaces have already been developed or are being developed, are of the greatest potential compared to other regions of the country. It makes perfect sense to set up large economic centers capable of harnessing the benefits of agglomeration and seaside factors in such regions. A tool to improve the level of economic development and investment attractiveness of these regions is the implementation of large trasnsport ...
The transition process and institutions: on the issue of the standard of living in the countries of Central and Eastern Europe — members of the European Union
... Lived Experience, Legatum Institute, available at:
4. Svejnar, J. 2002, Transition Economies: Performance and Challenges, Journal of Economic Perspectives, vol. 16. no. 1, p. 3—28.
5. Kolodko, G. W. 2000, From Shock to Therapy: the Political Economy of Postsocialist Transformation, Oxford, Oxford University Press.
6. Podkaminer, L. 2015, Central and Eastern Europe: Trapped in Integration?...
Current problems in Russian-Latvian relations
... USSR. Latvia — as well as Estonia and Lithuania — is both an EU and NATO member state. However, unlike the above mentioned countries, its relations with Russia are developing at a more pragmatic level. Numerous political differences often result in economic losses both for Latvia and Russia. Despite the fact that Latvia has been an independent state for more than 20 years, there are still some unresolved issues in its relations with Russia. Today, relations between the two countries are often viewed ...
The prospects of nuclear power development in the eastern part of the Baltic Sea region as a factor of the formation of international relations system in the region
The current development of economic diplomacy in the world is determined by a combination of globalization and regionalization. In addition, it has an economic dimension. At the same time, the Baltic Sea region demonstrates large-scale politicisation of economic cooperation. The ...
Prospects for the development of the Kaliningrad region in the Eurasian Economic Union
Given the new geopolitical situation, increasingly more attention is paid to the further development of the Special Economic Zone in the Kaliningrad region within the framework of the Eurasian Economic Union (EEU). The author examines the future of the exclave within the EEU. The article contains an assessment of the EEU’s activity in the context of the sanction ...
Opportunities for sustainable economic development of the coastal territories of the Baltic Sea Region in the context of digital transformation
The article explores opportunities for the sustainable economic development of coastal territories in the Baltic Sea region (BSR) arising in blue economy sectors in the framework of digital transformation. The study argues that a more active commercialisation of territorial resources can facilitate the sustainable ...
Economic and geopolitical aspects of the Nord Stream 2 gas pipeline
The Nord Stream 2 gas pipeline project (NS 2) along the bottom of the Baltic Sea is aimed to increase gas supply from Russia to Germany and other EU countries. It serves mutual economic interests: the predicted growth in gas demand in the EU markets and the need to strengthen the energy security of the EU. The implementation of the NS 2 project is complicated by the need to allow for the EU energy legislation and by the expanding ...
Socially efficient entry barriers?
Stagnation of the Russian economy lends a new urgency to the question of whether reserves of competition incentives can be used to overcome the current negative economic tendencies. The lowering of entry barriers is traditionally considered a universal instrument of promoting competition. However, lower entry barriers can be mistakenly associated with bringing the market closer to the state of the so-called ‘perfect’ ...
Strategic opportunities for economic development of the Baltic Sea coastal zones and sea industrial and port complexes
... Federation at the level of its national interests. The article aims to develop an indicator system of assessment of coastal zone potential, and sea industrial and port facilities in order to identify the characteristic and strategic capacities of the economic development of these territories in the complex approach. The research methodology is based on the assessment of marine potential of coastal territories as an indicator of the efficacy of its marine economic complex development with using the ...
Platform Markets: Their Place in the Theory of Mesoeconomic System: Development and a Challenge to Spatial Studies
Over the past three decades, researchers across different disciplines have paid close attention to the development of platform markets — an emergent long-term trend in economic policy. I consider platform markets as institutional and technological systems. Platforms create systems of rules and mechanisms that stimulate agents to adopt, maintain, and improve standards disseminated by the most successful platforms. Similarly ...
The historical aspects and current issues of the development of Russian-Lithuanian economic relations
This article focuses on development of Russian-Lithuanian economic ties. The research and practical significance of this study lies in the identification of the sources of modern Russian-Lithuanian economic cooperation and the prospects of future mutually beneficial economic relations. The first attempt at establishing ...
Chapters of the institutional economic history of Königsberg/Kaliningrad
... of short essays dedicated to a certain period of the 'popular' socioeconomic history (with a particular focus on the institutional development problems) of the former East Prussia from Antiquity to present days. The authors tackle the issues of the economic history of amber, the role of the Hansa League in the development of medieval trade, the QWERTY-effects in the rail gauge standards, and the peculiarities of the development of the Kaliningrad region in the post-Soviet period
Russia’s Coastal Zone as a Social and Geographic Phenomenon: Conceptualisation and Delimitation
... obshchestva, T. 56, P. 154—161.
3. Bernshteyn-Kogan, S. V. 1930, Ocherki geografii transporta [Essays on Geography of Transport], Moskva — Leningrad, 348 p.
4. Saushkin, Yu. G. 1973, Ekonomicheskaya geografiya: istoriya, teoriya, metody, praktika [Economic Geography: history, theory, methods, practice], Moscow, 559 p.
5. Teoreticheskie voprosy fizicheskoy i ekonomicheskoy geografii Mirovogo okeana [Theoretical questions of physical and economic geography of the oceans], 1979, Leningrad, 136 p....